v3.25.2
Note 14 - Supplemental Disclosures With Respect to Cash Flows
12 Months Ended
Mar. 31, 2025
Statement Line Items [Line Items]  
Disclosure of cash flow statement [text block]

14.

SUPPLEMENTAL DISCLOSURES WITH RESPECT TO CASH FLOWS

 

During the year ended March 31, 2025, significant non-cash investing and financing transactions included:

 

 

a)

included in accounts payable and accrued liabilities was $41,995 related to exploration and evaluation assets;

 

b)

issued 1,836,416 common shares with a fair value of $6,866,449 for the acquisition of exploration and evaluation assets; and

 

c)

issued 162,781 agent warrants valued at $201,500 relating to private placements;

 d)included in prepaid deposits was $138,823 related to exploration and evaluation assets.

 

 

During the year ended March 31, 2024, significant non-cash investing and financing transactions included:

 

 

a)

included in accounts payable and accrued liabilities was $341,831 related to exploration and evaluation assets;

 

b)

issued 29,900 common shares with a fair value of $235,600 for the acquisition of exploration and evaluation assets;

 

c)

issued 40,000 underwriter/agent warrants valued at $270,400 for the public offering in the United States; and

 

d)

issued 30,900 common shares at a value of $187,872 to non-related consulting firm for services.

 

During the year ended March 31, 2023, significant non-cash investing and financing transactions included:

 

 

a)

included in accounts payable and accrued liabilities is $1,037,816 related to exploration and evaluation assets;

 

b)

included in short-term loans payable is $67,717 related to exploration and evaluation assets;

 

c)

issued 17,594 common shares with a fair value of $152,454 for the acquisition of exploration and evaluation assets;

 

d)

issuance of 13,000 common shares upon exercise of options resulting in a reallocation of share-based reserves of $78,528 from reserves to share capital;

 

e)

issued 20,000 common shares pursuant to PSU redemption resulting in a reallocation of share-based reserves of $355,000 from reserves to share capital;

 

f)

issued 5,765 share purchase finders warrants valued at $22,000;

 

g)

expired or forfeited 121,000 options resulting in a reallocation of share-based reserves of $891,400 from reserves to stock-based compensation;

 

h)

recorded a $977,532 flow through premium liability in connection with a financing (Note 9);

 

i)

included in long-term prepaids is $24,404 related to exploration and evaluation assets; and

 

j)

included in short-term loans payable is $159,778 related to settlement of accounts payable.